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Enterprise Business

All articles tagged with #enterprise business

technology1 year ago

"Slack Introduces AI-Powered Thread Summarization for Enhanced Productivity"

Slack has launched its AI bot, designed to help users manage work threads and channels by summarizing content and improving search capabilities. The bot, available as a paid add-on, aims to make it easier for users to catch up on missed conversations and find information quickly. Slack AI offers thread and channel summarization, as well as improved search functionality, and is part of a growing trend of enterprise businesses incorporating generative AI into their platforms.

via Yahoo Finance|
#ai#enterprise-business#salesforce
business2 years ago

Zoom Surpasses Expectations and Raises Guidance on Strong Enterprise Demand

Zoom reported better-than-expected fiscal second-quarter earnings, with adjusted earnings per share of $1.34 and revenue of $1.14 billion. The company's net income jumped to $182 million, compared to $45.7 million in the same quarter last year. However, Zoom's growth has slowed compared to the pandemic-driven surge in 2020. The company's quarterly guidance fell slightly short of expectations, but its full-year forecast was raised. Zoom now expects adjusted earnings per share of $4.63 to $4.67 and revenue of $4.485 billion to $4.495 billion for the full 2024 fiscal year. Zoom stock has declined about 1% this year, while the S&P 500 index has risen 15%.

via CNBC|
#business#earnings#enterprise-business
business2 years ago

Zoom's Future Uncertain Despite Strong Q1 Results and Raised Sales Forecast

Despite reporting upbeat Q1 earnings, Zoom Video Communications' shares fell due to concerns over the growth prospects of its enterprise business. Analysts are divided on the company's future, with some maintaining an equal-weight rating and others reaffirming an outperform rating. While Zoom's online business outperformed, the pressure on its enterprise growth is expected to increase before potential stabilization in FY24-25. The company's emphasis on optimizing go-to-market functions and maintaining a strong balance sheet is viewed positively, but concerns over growth prospects and SBC expense remain ongoing overhangs.

via Benzinga|
#analyst-ratings#business#enterprise-business
business2 years ago

Zoom's Recovery Hindered by Microsoft's Shadow and Sales Challenges.

Zoom Video Communications' Q1 earnings beat estimates, but weakening trends in its enterprise business caused its stock to fall. Sales growth slowed for the ninth straight quarter as the company adjusts to slower product demand in the post-coronavirus emergency era. To reignite growth, Zoom Video aims to build a broader business communications platform using artificial intelligence tools.

via Investor's Business Daily|
#artificial-intelligence#business#earnings